Book an Appointment

Is it time for us to meet?

If you’re thinking about booking an appointment, then you’ve already taken the first step by deciding you need help or advice with your personal or corporate debt. That’s often the most difficult step. We understand and we’re here to help.

The sooner we meet, the greater the likelihood of a positive outcome. Call our toll free number, call the number of the office closest to you, or send us an email by filling in the form below.

We’re looking forward to taking the stress off your shoulders and helping you live life again.

1.877.944.1177







This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Our Process

You’ve made the difficult decision to explore personal or corporate debt restructuring and now you’re wondering, “What happens next?”

First, let us say congratulations. It isn’t always easy deciding that you need assistance, but it’s more common than you know and the earlier you start, the better the chance for a positive outcome.

Next, understand that we want to make the entire process as easy and positive as possible. We will never judge or pressure you; we are only here to help.

Our process begins with information gathering. We have a responsibility to collect as many details about your financial situation as possible so we know exactly what we’re dealing with.

After we have collected the information, our team, including a Licensed Insolvency Trustee, will determine the most advantageous option and present it to you, carefully explaining all of the pros and cons.

After that, you are certainly welcome to take the information home and think about it to see if you have any further questions.

When you make the decision to proceed, our experts do the heavy lifting and work with you, side by side, until the project is completed.

Our process ends when your brighter days begin.

Payment Calculator

Easily Compare Payment Plans

The payment calculator is a tool to provide you with a preliminary overview and comparison of the 5 different restructuring plans available for your consideration in determining the restructuring plan that is best for you. The 5 restructuring plans include maintaining regular monthly payments to creditors, consolidation loans, orderly payment of debts, consumer proposals and bankruptcy. The calculator is not comprehensive or exhaustive and is intended for demonstration and discussion purposes only. There are many additional factors and variables that require consideration that are beyond the scope and capabilities of the calculator.

We invite you to contact our office to schedule your free, confidential, no obligation consultation to review your unique financial situation and to further evaluate the restructuring plan best suited to your unique financial situation to eliminate your debt and provide you with the fresh financial start you deserve.

Enter values to review different payment plans.

  • Mandatory fields outlined in red.
  • Mouseover the “?” icon for descriptions.

This calculator uses the following interest rates:

  • Regular repayment: 17%
  • Consolidation Loan: 12%
  • Orderly payments: 5%
  • Consumer proposal: 0%
  • Bankruptcy: 0%
Total Regular Payments:

Fill in form fields to see repayment options.

Consolidation Loan:

Fill in form fields to see repayment options.

Orderly Payment of Debt:

Fill in form fields to see repayment options.

Consumer Proposal:

Fill in form fields to see repayment options.

Bankruptcy:

Fill in form fields to see repayment options.

Ask an Expert

When Faber invites you to ask an expert, we’re talking about our Licensed Insolvency Trustees (LITs). LITs are qualified, federally regulated experts who are held to a high standard of professional conduct and code of ethics when providing services and performing their duties.

LITs are the only professionals authorized to administer government-regulated insolvency proceedings that allow you to be discharged from your debt, such as consumer proposals and bankruptcies.

When you seek advice from an LIT, whether in our offices or online, you can be confident that you are dealing with someone who has the knowledge, experience and skills to be granted a license from the Office of the Superintendent of Bankruptcy.

Any questions?

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Is Your Business Facing Financial Challenges In Light Of Recent Changes to Alberta Labour Laws?

Whoever coined the phrase ‘death by a thousand cuts’ probably owned a restaurant or small business in Alberta.

The Alberta Treasury Board and Finance released their September 2018 Labour Market Notes, which contain the analysis of the latest labour market data for Alberta and highlighted that the economy continues to stabilize. With employment increasing 2.3% year-over-year, the majority of job growth was seen in the private sector, with a jump of 94,000 jobs since June, 2016. With the unemployment rate holding steady at 6.7%, it appears that Alberta is heading towards recovery and a brighter economic outlook.

While the Alberta job market may be coming out of the “doom and gloom” of the past few years, many small to medium sized businesses are still struggling. The prolonged downturn has resulted in many businesses exhausting their cash flow. Not only can these business owners expect to work long hours, wear multiple hats and have difficulty finding reliable help, they are now being thrown additional curveballs with recent adjustments to the minimum wage and labour laws, adding additional challenges.

Increase In Minimum Wage

In 2016, the minimum wage was $12.20 in Alberta. On October 1st of 2018, the minimum wage reached the $15.00 mark. That’s an increase of almost 23 per cent (22.95) in just two years. While some small businesses may not have any employees at minimum wage, others may have several. They may also find that experienced employees, who are making just slightly more than minimum wage, may want an increase to keep the separation between themselves and new employees. It’s likely that the increase in minimum wage will cause a trickle effect up the ladder in wage increases.

Statutory Holiday Pay Entitlements

A recent change that went into effect on January 1st, 2018, was introduced to Alberta Labour Laws regarding statutory holiday pay requirements. Most employees are now entitled to general holiday pay immediately upon starting employment and will receive pay regardless of the day of the week the general holiday falls on. Some Alberta business owners are learning the significance of this change. For example, a small business owner in Calgary, who owns two restaurants, had never scheduled either establishments to be open for business on Mondays. The first statutory holiday of the year was January 1st and it fell on a Monday. Although it was not a scheduled workday for any of his employees, the owner was required to pay $11,000 in stat holiday pay to his staff. And that is just the first of many stat holidays to fall on a Monday this year. During the course of the year, this business owner will have to pay over $50,000 in stat holiday pay. Not only is it an expense he didn’t have last year, there will be no incoming revenue to offset that expense.

How To Adjust Your Business To Meet Changes In Labour Laws

While our economy may be on the long-term path to recovery, for some small and medium businesses, things could get worse before they get better. There is no doubt that many businesses will need to rethink how they operate going forward. Owning a business comes with both challenges and rewards, and occasionally a business needs help.

If you’re finding that these market conditions and regulatory changes have a negative impact on the financial health of your businesses – we’re here to help. A Business Review could result in strategic corporate restructuring that would help your business maximize profits rather than sinking into debt. We’ve helped hundreds of Alberta business turn a financial corner.

If you’d like to learn more about how we can help, book a free and confidential consultation. There are 16 locations across the province to help you.

Our Process

You’ve made the difficult decision to explore personal or corporate debt restructuring and now you’re wondering, “What happens next?”

First, let us say congratulations. It isn’t always easy deciding that you need assistance, but it’s more common than you know and the earlier you start, the better the chance for a positive outcome.

Next, understand that we want to make the entire process as easy and positive as possible. We will never judge or pressure you; we are only here to help.

Our process begins with information gathering. We have a responsibility to collect as many details about your financial situation as possible so we know exactly what we’re dealing with.

After we have collected the information, our team, including a Licensed Insolvency Trustee, will determine the most advantageous option and present it to you, carefully explaining all of the pros and cons.

After that, you are certainly welcome to take the information home and think about it to see if you have any further questions.

When you make the decision to proceed, our experts do the heavy lifting and work with you, side by side, until the project is completed.

Our process ends when your brighter days begin.

Payment calculator

Easily Compare Payment Plans

The payment calculator is a tool to provide you with a preliminary overview and comparison of the 5 different restructuring plans available for your consideration in determining the restructuring plan that is best for you. The 5 restructuring plans include maintaining regular monthly payments to creditors, consolidation loans, orderly payment of debts, consumer proposals and bankruptcy. The calculator is not comprehensive or exhaustive and is intended for demonstration and discussion purposes only. There are many additional factors and variables that require consideration that are beyond the scope and capabilities of the calculator.

We invite you to contact our office to schedule your free, confidential, no obligation consultation to review your unique financial situation and to further evaluate the restructuring plan best suited to your unique financial situation to eliminate your debt and provide you with the fresh financial start you deserve.

Enter values to review different payment plans.

  • Mandatory fields outlined in red.
  • Mouseover the “?” icon for descriptions.

This calculator uses the following interest rates:

  • Regular repayment: 17%
  • Consolidation Loan: 12%
  • Orderly payments: 5%
  • Consumer proposal: 0%
  • Bankruptcy: 0%

Total Regular Payments:

To see your debt repayment options please enter values in the form above.

Consolidation Loan:

To see your debt repayment options please enter values in the form above.

Orderly Payment of Debt:

To see your debt repayment options please enter values in the form above.

Consumer Proposal:

To see your debt repayment options please enter values in the form above.

Bankruptcy:

To see your debt repayment options please enter values in the form above.

Ask an Expert

Book an Appointment

Is it time for us to meet?

If you’re thinking about booking an appointment, then you’ve already taken the first step by deciding you need help or advice with your personal or corporate debt. That’s often the most difficult step. We understand and we’re here to help.

The sooner we meet, the greater the likelihood of a positive outcome. Call our toll free number, call the number of the office closest to you, or send us an email by filling in the form below.

We’re looking forward to taking the stress off your shoulders and helping you live life again.

1.877.944.1177







This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.